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Shanghai InnoStar Bio-tech Co (SHSE:688710) Effective Interest Rate on Debt % : 5.04% (As of Mar. 2025)


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What is Shanghai InnoStar Bio-tech Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Shanghai InnoStar Bio-tech Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥12 Mil. Shanghai InnoStar Bio-tech Co's average total debt for the quarter that ended in Mar. 2025 was ¥230 Mil. Therefore, Shanghai InnoStar Bio-tech Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.04%.


Shanghai InnoStar Bio-tech Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanghai InnoStar Bio-tech Co's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shanghai InnoStar Bio-tech Co Effective Interest Rate on Debt % Chart

Shanghai InnoStar Bio-tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.48 4.94 4.94 4.87 4.89

Shanghai InnoStar Bio-tech Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.78 4.89 5.05 4.49 5.04

Competitive Comparison of Shanghai InnoStar Bio-tech Co's Effective Interest Rate on Debt %

For the Drug Manufacturers - General subindustry, Shanghai InnoStar Bio-tech Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai InnoStar Bio-tech Co's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shanghai InnoStar Bio-tech Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shanghai InnoStar Bio-tech Co's Effective Interest Rate on Debt % falls into.


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Shanghai InnoStar Bio-tech Co Effective Interest Rate on Debt % Calculation

Shanghai InnoStar Bio-tech Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -11.671/( (246.501+231.104)/ 2 )
=-1  *  -11.671/238.8025
=4.89 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=215.103 + 31.398
=246.501

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=201.319 + 29.785
=231.104

Shanghai InnoStar Bio-tech Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -11.6/( (231.104+228.793)/ 2 )
=-1  *  -11.6/229.9485
=5.04 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=201.319 + 29.785
=231.104

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=199.39 + 29.403
=228.793

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Shanghai InnoStar Bio-tech Co  (SHSE:688710) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Shanghai InnoStar Bio-tech Co Effective Interest Rate on Debt % Related Terms

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Shanghai InnoStar Bio-tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Guo Shoujing Road, Room 106, Pilot Free Trade Zone, Shanghai, CHN, 201203
Shanghai InnoStar Bio-tech Co Ltd is a comprehensive research and development services (CRO) enterprise that specializes in providing biomedical non-clinical research services.

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